RYVNX vs. RYVYX
Compare and contrast key facts about Rydex Inverse NASDAQ-100 2x Strategy Fund (RYVNX) and Rydex NASDAQ-100 2x Strategy Fund (RYVYX).
RYVNX is managed by Rydex Funds. It was launched on May 22, 2000. RYVYX is managed by Rydex Funds. It was launched on May 23, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RYVNX or RYVYX.
Key characteristics
| RYVNX | RYVYX | |
|---|---|---|
| YTD Return | -30.40% | 35.09% |
| 1Y Return | -37.77% | 51.19% |
| 3Y Return (Ann) | -21.68% | 2.62% |
| 5Y Return (Ann) | -40.65% | 24.59% |
| 10Y Return (Ann) | -35.70% | 22.29% |
| Sharpe Ratio | -1.08 | 1.46 |
| Sortino Ratio | -1.65 | 1.95 |
| Omega Ratio | 0.82 | 1.26 |
| Calmar Ratio | -0.38 | 1.64 |
| Martin Ratio | -1.41 | 6.35 |
| Ulcer Index | 26.88% | 8.10% |
| Daily Std Dev | 35.13% | 35.19% |
| Max Drawdown | -99.98% | -98.21% |
| Current Drawdown | -99.98% | -6.89% |
Correlation
The correlation between RYVNX and RYVYX is -0.99. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
RYVNX vs. RYVYX - Performance Comparison
In the year-to-date period, RYVNX achieves a -30.40% return, which is significantly lower than RYVYX's 35.09% return. Over the past 10 years, RYVNX has underperformed RYVYX with an annualized return of -35.70%, while RYVYX has yielded a comparatively higher 22.29% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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RYVNX vs. RYVYX - Expense Ratio Comparison
RYVNX has a 2.49% expense ratio, which is higher than RYVYX's 1.87% expense ratio.
Risk-Adjusted Performance
RYVNX vs. RYVYX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Rydex Inverse NASDAQ-100 2x Strategy Fund (RYVNX) and Rydex NASDAQ-100 2x Strategy Fund (RYVYX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
RYVNX vs. RYVYX - Dividend Comparison
RYVNX's dividend yield for the trailing twelve months is around 6.55%, while RYVYX has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
RYVNX Rydex Inverse NASDAQ-100 2x Strategy Fund | 6.55% | 4.56% | 0.00% | 0.00% | 0.25% | 0.03% |
RYVYX Rydex NASDAQ-100 2x Strategy Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
RYVNX vs. RYVYX - Drawdown Comparison
The maximum RYVNX drawdown since its inception was -99.98%, roughly equal to the maximum RYVYX drawdown of -98.21%. Use the drawdown chart below to compare losses from any high point for RYVNX and RYVYX. For additional features, visit the drawdowns tool.
Volatility
RYVNX vs. RYVYX - Volatility Comparison
Rydex Inverse NASDAQ-100 2x Strategy Fund (RYVNX) and Rydex NASDAQ-100 2x Strategy Fund (RYVYX) have volatilities of 11.25% and 11.25%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.